“These results affirm the continuity of high-grade zones at Nuvuyak, suggesting a larger resource base and potentially extending the Goose project’s mine life,” CEO Clive Johnson said in a statement.
The company is in the midst of a $28 million, 25,126-metre drill campaign at Goose that has found more high-grade gold at Nuvuyak deposit and the Mammoth target at the property. This points to expansion potential beyond the current mine plan, the company said.
The Mammoth target, 450 metres up plunge from Nuvuyak toward Goose Main, also returned juicy results. Drill hole 24GSE-687Z1 cut 11 metres at 17.45 grams gold per tonne from 837.14 metres, including 68.61 grams over 2.5 metres.
The company said this indicates a high-grade system between Nuvuyak and Mammoth. B2Gold’s exploration team sees high potential for underground mining here. It could boost future production.
B2Gold shares on Thursday gained as…
